infoTECH News

[April 01, 2014]

Sypris and NEC Asia Pacific to Develop Cyber Security Lab for the Singapore Government

TAMPA, Fla. & SINGAPORE --(Business Wire)--

Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc.
(Nasdaq/NM: SYPR) and a leader in high-end, global cyber security
solutions, and NEC (News - Alert) Asia Pacific, a leading infocomm technology provider,
announced today that their team was awarded a contract to develop a
Cyber Security Laboratory for the Singapore Government. The contract
will involve deploying a simulation-based training and modeling platform
that will provide a safe, realistic hands-on environment for the
participants to hone their skills in countering cyber-attacks.

The award is a result of a strategic partnership between NEC Asia
Pacific and Sypris Electronics to deliver a joint global product and
service offering.

"The Sypris Cyber Range provides the critical platform required for
organizations to simulate today's increasingly complex cyber threats,"
stated John Walsh, President of Sypris Electronics. "The Range allows
customers to seamlessly integrate and continuously upgrade best of breed
capability and training curriculums from our world class partners to
make certain that their employees stay ahead of their cyber adversaries."

"With the increasingly complex and sophisticated attacks from cyber
criminals, an organization faces a multitude of cyber security risks to
its IT systems, ranging from web defacement and malware infections to
network and operation system attacks. NEC, together with Sypris, will
bring together the latest technologies to jointly deliver a solution
that will address the cyber security needs of the Singapore government,
to prevent and mitigate against potential attacks," said Toshiya
Matsuki, Chief Executive Officer, NEC Asia Pacific.

About Sypris Eectronics

Sypris is a global, integrated systems solutions provider. Our
ruggedized electronic encryption products, cyber security operations and
analytics products, consulting and training services, as well as
electronic manufacturing capabilities are aligned through the best
people, practices, and technologies to continually exceed customer
expectations. Sypris consistently promotes an agile, innovative culture
and a state of the art solution set by strategically partnering with
leading-edge technology companies, agencies and universities. With 50
years of experience, Sypris is proud to develop, manufacture and
integrate leading technologies that secure our global partners'
interests. For more information, please visit www.sypriselectronics.com.

About NEC Corporation

NEC Corporation is a leader in the integration of IT and network
technologies that benefit businesses and people around the world. By
providing a combination of products and solutions that cross utilize the
company's experience and global resources, NEC's advanced technologies
meet the complex and ever-changing needs of its customers. NEC brings
more than 100 years of expertise in technological innovation to empower
people, businesses and society. For more information, visit NEC at http://www.nec.com.

To leverage on its technological expertise, NEC APAC has established
regional competency centres for public safety and display solutions to
expand its capabilities and expertise to support businesses in the Asia
Pacific region. In line with the NEC Group Vision to realize an
information society friendly to humans and the earth, NEC embarks on
corporate social responsibilities initiatives to support the Nature
(environment), Education and Community.